A country rejects FDI proposals in certain industries. It does so because the tangible advantages of such investments are lesser than potential costs like loss of employment and reduction of overall well-being. However, it aggressively pursues inviting foreign investments in sectors like infrastructure, education, and healthcare because of the benefits that accrue with them. Which political view of FDI is discussed in this example?

Pragmatic nationalist view is the term used to describe the tendency that a government may have to adopt practices that are established in a well-defined way, without subterfuge and that promotes national growth and empowerment. In vision, its main principles are to act within a set of rules and conformities that guarantee only national well-being, the growth of national pride and social well-being, an example of which can be seen in the question above, where a country rejects proposals that they have tangible disadvantages such as job loss and reduced general well-being. However, it aggressively pursues the invitation to foreign investments in sectors such as infrastructure, education and health, due to the benefits that come from them.

fichoh fichoh · Answer 2 · 2020-03-20T09:13:16+01:00

Answer: Pragmatic Nationalist view

Explanation: The pragmatic nationalist approach involves holding out on a moderate and flexible stance on foreign diet investment. It sits in between being rigid and discouraging the idea of allowing foreigners establish business units in a country and the idea of giving express freedom for the establishment of FDI's. The pragmatic nationalist view sits in between both ideas by taking practical evaluation of the investment before making a decision. The pragmatic nationalist view holds that the benefit of Foreign Direct Investment must outweigh it's cost.